In 2018, despite the relatively complicated development environment in China's industrial textile industry, the demand in the main markets is relatively stable. The policies supporting the development of the real economy have been gradually introduced and gradually played a role. The overall operation of the industry is good, and production and sales are growing steadily. The situation of the decline in profit growth has been initially contained. According to the statistics of the Bureau of Statistics, the industrial added value growth rate of the industry from January to November 2018 was 8.4%, higher than the manufacturing average, and also in the textile industry.
3.518 million tons
From January to November 2018, the output of non-woven fabrics of enterprises above designated size was 3.518 million tons, an increase of 9.67% year-on-year, and the growth rate increased by 9 percentage points over the same period of the year.
589,000 tons
The output of cord fabrics was 589,000 tons, an increase of 2.08% year-on-year, and the growth rate was basically the same as in 2017.
2,316 billion yuan
From January to November 2018, the main business income and total profit of China's industrial textile industry were 231.6 billion yuan and 12.04 billion yuan respectively, up 8.45% and 3.76% year-on-year respectively. The growth rate increased by 2 compared with the same period in 2017. Percentage points and 4 percentage points.
5.20%
From January to November 2018, the average profit rate of enterprises above designated size was 5.20%, which was on the rise but still lower than 0.24 percentage points in the same period of last year.
832,000 tons
According to data released by China Customs, from January to November 2018, China exported 832,000 tons of non-woven fabrics, and the export value reached 2.58 billion US dollars, up 2.5% and 8.7% respectively.
255 million US dollars
In the first three quarters of 2018, the United States imported 255 million US dollars of non-woven fabrics from China, and the share of Chinese nonwovens in the US market increased slightly. According to Japanese Customs data, Japan imported 229,000 tons of non-woven fabrics in the year of 2018, valued at 86.59 billion yen, down 4.64% and 5.07% respectively compared with 2017. The non-woven fabrics imported from China were 37.88 billion yen. Reduced by 12.5%.
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